Regent College HND Business Environment: Organization Types and Scope

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Added on  2023/03/29

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This report examines the business environment, focusing on the different types, sizes, and scopes of organizations. It differentiates between public, private, and voluntary sectors, outlining their purposes and structures. The report includes an overview of Tesco, BBC, and Oxfam, providing insights into their operations and stakeholder analysis. It also covers the interrelationships of various functions within an organization. The report is a valuable resource for students studying business and organizational structures, offering practical examples and analysis to enhance understanding of the business landscape.
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The different types, size and scope
of organisations
Business Environment
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Table of Content
Introduction
Purposes of different types of organisations.
Size and Scope of different types of organisations.
References
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Introduction
Business is an activity that is done as to exchange products
and services in return of money as well as other benefits.
A business gets impacted by different types of factors that
exist in its internal or external environment.
Basically, it can be stated that business environment is the
very surroundings of an organisation in which it has to
function as per the various changes that are taking place.
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Purposes of different types of organisations.
Private
Run by private people who own the rights of devising
alteration within company and its decision making.
Very vital for country economic growth
Aim: To earn profit and gain market share
Example: Tesco
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Continued....
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Public:-
Controlled and owned by the government;
Funded by taxes from Citizens
Aim: Delivering higher quality of products and services;
Involved in core fabrication, basic needs, infrastructure
and universities;
Example: BBC (British Broadcasting Corporation).
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Continued...
NGO's, charitable trusts and different societal
organization;
Surplus income is re-invested in functions of
organisation;
Aim: To aid individuals in living a life with dignity.
Example: Oxfam.
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Size and Scope of different types of organisations.
Overview of Tesco
Set up in 1919 by Jack Cohen as a group of stalls
Present in more than 13 countries
It is a market leader in United Kingdom, as it holds a
market share of more than 28%
It employs more than 460,000 employees
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Continued....
The company aims to achieve its objectives while protecting
environment
Stakeholder analysis of company is:
KEEP SATISFIED
(most interested, most power)
These people needs to be fully satisfied
because they are amply engaged in the
activities of the business.
Shareholders
Employee's
MANAGE CLOSELY
(less interested, more power)
These individuals are to be unceasingly satisfied
but the contentment must be at a level the person
should not be dullard
Suppliers
Government
MONITOR
(more interest, less power)
These parties has to be informed about the
satisfactory info or data and should be
confident that there is no major issues
arising.
Customers
Financiers
KEEP INFORMED
(less interested, less power)
Just need to be advised but do not irritate them by
ceaseless messages.
Local Community
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Continued....
Overview of BBC:
British public service broadcaster;
It employs approx 21,000 people as permanent
employees;
Mission: To inform, educate and entertain;
Objectives:-Content is audience focused.
Every area of job is able to generate value for money
performance
All types of audience is targeted by company.
Making world class content.
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Continued.....
Overview of Oxfam:-
Non profitable Organisation
Focuses on removing poverty
Mission: To work with all the sectors as to reduce
poverty and malnutrition from this world
It provides assistance at the time of disaster, advocacy
and policy research.
Receives funds from various sources, such as, Online
shops, government bodies and private donors;
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References
Guglielmetti, C., 2011. Measuring the business environment for en
trepreneurship in fragile states. In Entrepreneurship and Econ
omic Development (pp. 124-143). Palgrave Macmillan UK.
Robbins, S.P., Judge, T and Campbell, T.T., 2010. Organizational b
ehaviour. Financial Times Prentice Hall.
Siewiorek, A and et. al., 2012. Learning leadership skills in a simul
ated business environment. Computers & Education. 58(1). pp.
121-135.
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